New Issue: JPMorgan prices $310,000 capped buffered equity notes linked to gold trust

Chicago, April 24 – JPMorgan Chase Financial Co. LLC priced $310,000 of 0% capped buffered equity notes due Aug. 28, 2023 linked to the SPDR Gold Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF gains the payout at maturity will be par plus the return of the ETF capped at par plus 14.15%. The payout will be par if the ETF declines but by no more than the 12% buffer. Investors will lose 1% for every 1% that the ETF declines beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered equity notes
Underlying ETF:	SPDR Gold Trust
Amount:	$310,000
Maturity:	Aug. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF gains par plus ETF return capped at par plus 14.15%; par if ETF declines but by no more than 12% buffer; 1% loss for every 1% that ETF declines beyond the buffer
Initial level:	$172.83
Upside leverage:	100%
Cap:	14.15%
Buffer:	12%
Pricing date:	May 23, 2022
Settlement date:	May 26, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48133GJS3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.